CDU 0.00% 23.5¢ cudeco limited

pro's con's & conjecture, page-37

  1. 46,642 Posts.
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    Jumpstart - I was a holder continuously of CDU from 2007 to late 2012 I never sold a share or traded one even though every other stock I owned I traded on the charts - W.M told me you couldn't trade CDU - W.M told me Xstrata were after our shares and we needed to be diligent to fend off a low ball takeover offer - I even attended a meeting at Jupiter's Casino organised by a top 10 holder and around a dozen other holders top 100 holders to discuss a strategy to stop the dastardly Xmen

    Late last year I wised up - I should have traded CDU as it was and still is one of the easiest ASX 200 to chart - No-one could have seen August 2010 in the chart but the warning signs were there and posters like Zeds and Whale-watcher were on the money and I was clearly wrong.

    With regard to AOH - I never said it was equal to CDU all I said was it had a similar JORC disclosed resource - eg 1.5mt of inground copper . It seems that Bermuda has been welcomed back into the fold but he to was castigated as an Antichrist for selling down - The ones who sold out on the death cross around $4 saved themselves the M & G induced fall to $1.40 - I no longer post my holding size or sentiment as some here believe hot copper can influence the share price - I have not believed that for several years now pretty much ever since the Chinese gained dominance on the registry.

    Most of the long term holders are just happy to go with W.M and sheil be right attitude be right - Personally I still view CDU as a high risk investment - Its amazing to me how the LT,s have just accepted the need for debt and the obvious blowout in the capex costs -

    The chart is looking better than it has for a long time but remember as late as last week it still fell to $1.75 - As for emailing the company the questions I would like answered wont be answered by email but its possible that they may get answered at the AGM.

    We will get the annual report next week and the proxy form for the AGM may contain a few left field motions - interesting month ahead.

    hOOt
 
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